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Divorce between Demi Moore and Ashton Kutcher settles down

A divorce can be a long and complicated process. This is especially true in situations involving a high profile couple. These couples are typically in the public eye and must maintain a sense of dignity as the news of their divorce hits the media. Often, these couples must work through complex asset division because of the amount of assets they each own. Despite these complications, it is still possible for couples to reach a settlement.

Demi Moore and Ashton Kutcher separated in November of 2011 and have been going through the process of divorce ever since. Previous complications pertained to the money Kutcher made through his popularity on the show "Two and a Half Men," and technology investments he made during their marriage. Recently, it is reported that the couple came to several settlement decisions. Moore has agreed not to fight for a share in Kutcher's millions and instead seek a division of the property acquired during their marriage.

Reaching a settlement is often preferable when dividing assets, especially when there is a large amount of assets to divide. In a high asset divorce, couples must assess the ownership of their possessions and determine what property is community and what is separate. Separate property typically involves assets that are viewed as separate from the marriage. Examples could include an inheritance or family heirloom. Community property, on the other hand, includes those assets that the couple has acquired and used during the course of their marriage.

When dividing assets in court, each jurisdiction follows specific procedures. The state of Massachusetts follows an equitable distribution method. This means that a court will divide property in a "fair and just" manner. It is important to note, however, that fair and just does not necessarily equate to a perfect 50/50 split.

Source: Houston Chronicle, "Demi Moore drops spousal support request to settle divorce," Nov. 25, 2013

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